Business

Turkey’s central bank has been urging banks in recent weeks to avoid steps that could create demand for foreign currency as May elections loom, and to instead focus on ...

Energy Minister George Papanastasiou on Thursday floated the idea of importing natural gas quantities from reservoirs in Cyprus’ exclusive economic zone, to be used for power generation, coupled with exports ...

Ukraine’s gross domestic product (GDP) fell by 29.1 per cent in 2022 as Russia’s full-scale invasion battered the economy, the state statistics service said late on Wednesday. The final 2022 GDP ...

The recent surge in the crypto market has brought several blockchain-based platforms into the limelight. Among them, TMS Network (TMSN) has been leading the pack with its innovative trading solutions ...

Britain’s biggest retailer Tesco (TSCO.L) forecast flat profit in its new financial year, stemming the 6.3 per cent decline from 2022/23 when soaring inflation battered customers and suppliers alike. With ...

By Michael Ioannou Data breaches are an unfortunate reality of the modern digital landscape, and organisations can be categorized into three groups regarding their information security posture: those that have ...

National investment promotion agency Invest Cyprus on Thursday announced that it has selected Marios Tannousis to become its new chief executive officer. “The Board of Directors of Invest Cyprus has ...

European Central Bank policymakers are converging on a 25 basis point interest rate hike in May, even if other options remain on the table and the debate is not yet settled, ...

Britain’s economy stagnated in February as strikes by public workers hit output but a bounce in January was stronger than first thought, meaning a recession is a bit less ...

The DeFi crypto landscape is ever-changing, with new projects continuously emerging to capture the attention of investors. One such project is DigiToads (TOADS), a unique utility meme coin with deflationary ...

Cyprus hoteliers’ association (Pasyxe) president Philokypros Rousounides on Wednesday said that the island benefited from an influx of tourists during the Catholic Easter period, primarily from Great Britain, Poland, Austria, ...

Cypriot fintech Ask Wire this week announced its partnership with the Ministry of Finance, where, as part of their collaboration, it will provide the Cyprus Tax Department with access to ...

Cyprus-based property management company Altia on Wednesday announced that it will be managing a new real estate portfolio known as ‘Starlight’, which will be added to the existing portfolio managed ...

Mercedes-Benz Group (MBGn.DE) sales rose moderately in the first quarter of the year, boosted by electric vehicles (EV) and premium cars, the German carmaker said on Wednesday. Worldwide sales ...

AB Volvo (VOLVb.ST) reported record first-quarter profit, a preliminary filing showed, as the truck maker boosted its revenue and margins despite supply bottlenecks and cost inflation, sending its shares ...

Russia started fuel exports to Iran by rail this year for the first time after traditional buyers shunned trade with Moscow, according to three industry sources and exports data. Russia ...

China’s largest trough solar thermal power plant, located in the Inner Mongolia Autonomous Region, generated 330 million kilowatt-hours of electricity in the 12-month period ending on March 31 this year. Designed ...

Manchester United will accept a third round of bids from prospective buyers at the end of the month as the Premier League club’s owners explore a sale, sports industry ...

U.S. President Joe Biden urged Northern Irish political leaders to restore their powersharing government with the promise that scores of major U.S. corporations were ready to invest in ...

The US arm of cryptocurrency exchange Binance said it will remove digital asset tokens TRON and Spell from its trading platform, sending the prices of both down sharply on Wednesday. ...

Political pressure is building within the European Union to tackle the daunting challenge of closing a loophole in its efforts to stop using Russian fossil fuels: liquefied natural gas (LNG). ...

As the metaverse continues to gain traction, the excitement it emanates should be clear for all altcoins, shouldn’t it? There’s certainly a buzz throughout the crypto space, and ...

Deutsche Bank (DBKGn.DE) is looking for ways to minimise business disruption as it reduces risks from its Russian technology operations in line with the law, Germany’s biggest lender ...

By Kritonas Onisiforou, Head of Sales, Altia Despite the world’s current economic state, the future is looking bright for Cyprus’ real estate sector. However, a bold next step is ...